JPMorgan Chase Discloses 7.2% Passive Stake in Jabil Inc.

TL;DR

**JPMorgan Chase just revealed a 7.2% stake in Jabil, signaling a big vote of confidence!**

AI Summary

JPMorgan Chase & Co. filed an SC 13G on January 10, 2024, disclosing that as of December 29, 2023, they beneficially own 10,000,000 shares of Jabil Inc.'s Common Stock, representing 7.2% of the company. This filing indicates a significant passive investment by a major financial institution, suggesting confidence in Jabil's long-term prospects, which could be a positive signal for current and prospective shareholders.

Why It Matters

A large institutional investment like this from JPMorgan Chase can signal market confidence in Jabil Inc., potentially attracting other investors and supporting the stock price.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by a large, reputable institution, which generally reduces perceived risk for the underlying stock.

Analyst Insight

A smart investor would view this as a positive signal, potentially indicating institutional confidence in Jabil Inc.'s valuation or future prospects, and might consider further research into Jabil's fundamentals.

Key Numbers

• 10,000,000 — Shares Beneficially Owned (JPMorgan Chase & Co.'s total shares in Jabil Inc.)
• 7.2% — Ownership Percentage (JPMorgan Chase & Co.'s stake in Jabil Inc.)

Key Players & Entities

• JPMorgan Chase & Co. (company) — the filer and beneficial owner of Jabil Inc. shares
• Jabil Inc. (company) — the subject company whose shares are being reported
• 10,000,000 (dollar_amount) — number of shares beneficially owned by JPMorgan Chase & Co.
• 7.2% (dollar_amount) — percentage of Jabil Inc.'s class of securities beneficially owned by JPMorgan Chase & Co.
• December 29, 2023 (person) — the date of the event requiring the SC 13G filing
• January 10, 2024 (person) — the filing date of the SC 13G

Forward-Looking Statements

• Jabil Inc.'s stock price may experience a positive sentiment boost due to the disclosed institutional investment. (Jabil Inc.) — medium confidence, target: next 3-6 months

FAQ

Key Financial Figures

• $0.001 — INC. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o

Filing Documents

• JABIL_INC.htm (SC 13G) — 86KB
• 0000019617-24-000042.txt ( ) — 88KB

From the Filing

SC 13G 1 JABIL_INC.htm FILING JABIL INC. Schedule 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* JABIL INC. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class of Securities) 466313103 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(b) o Rule 13d-1(c) o Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 466313103 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JPMORGAN CHASE & CO. 13-2624428 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 8,025,613 6 SHARED VOTING POWER 42 7 SOLE DISPOSITIVE POWER 9,194,288 8 SHARED DISPOSITIVE POWER 207 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,194,561 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.1 % 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC FOOTNOTES Item 1. (a) Name of Issuer JABIL INC. (b) Address of Issuer's Principal Executive Offices 10800 Roosevelt Boulevard North, St. Petersburg, Florida 33716 Item 2. (a) Name of Person Filing JPMORGAN CHASE & CO. (b) Address of Principal Business Office or, if none, Residence 383 Madison Avenue New York, NY 10179 (c) Citizenship Delaware (d) Title of Class of Securities Common Stock, $0.001 par value per share (e) CUSIP Number 466313103 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J). (k) o A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 9,194,561 (b) Percent of class: 7.1 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 8,025,613 (ii) Shared power to vote or to direct the vote: 42 (iii) Sole power to dispose or to direct the disposition of: 9,194,288 (iv) Shared power to dispose or to direct the disposition of: 207 Item 5. of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o . Item 6. of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company J.P. Morgan Trust Company of Delaware J.P. Morgan Securities LLC JPMorgan Chase Bank, National Association JPMorgan Asset Management (Asia Pacific) Limited JPMorgan

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View this SC 13G filing on SEC EDGAR